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20120924
20121002
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the election, how do you see cybersecurity advancing under a romney administration, and how do you see it advancing under continued obama administration? and what is the government supposed to do, what might happen if they can't get legislation passed? >> i wouldn't put it in a box under each administration. this is an issue that is a significant threat to our nation. is a threat to our financial security. it's a threat to our national security. it's got to be taken seriously regardless of who is in office. ideally what i would like to see is somebody in the white house, in office perhaps, that is responsible for coordinating this across the entire government. as a direct report to the president of the trade. somebody who's got the authority of the president of the united states to make decisions, and to coordinate this across the sectors. there's no single government agency that has the ability, the capacity to respond to this or to work this. people talk about nsa all the time, and general alexander i think is a real patriot is someone who cares about this country and he's got great
romney calls for the lowering of individual rates across the board and the elimination and reduction of existing tax exemptions. on the other hand, some democrats have called for continuing the bush tax come content bush tax cuts. what a thing can actually grow the economy and reduce the deficit? >> what is good for the country, mr. powell, is that we need to -- we need to create jobs. that is how we get going again and that is how we get more tax revenues to the federal government to help manage down that debt. so we don't want to raise taxes, but we actually want to reform taxes. we want comprehensive reform and we want a corporate tax rate that is the least competitive in the industrialized world. they are looking to locate or relocate -- it is not always attractive. we need to make sure that we change that peculiarity in tax law which forces american-based, multinationals that mr. powell does not like, i think that we need to make sure they don't pay taxes twice if they are operating abroad. and he would suggest that perhaps that is giving them a tax break. what is happening is t
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